Powering the
Data Center
Future
Digital Realty Overview (NYSE: DLR)
World’s Largest Data Center REIT
2
•
One of the 20 largest publicly-traded U.S. REITs
(1)
•
Equity market capitalization of approximately $9.0 billion
(2)
•
Investment management approach focused on return on invested capital (ROIC)
•
Diversified portfolio of properties and tenants, located in over 30 markets throughout North America, Europe,
Asia, and Australia
(3)
–
130 properties
–
24.5 million rentable square feet
•
Includes 1.4 million square feet of active development and 1.3 million square feet held for future
development
•
High quality tenant base – approximately 2,000 leases with 600+ tenants, including leading global companies
across various industries
•
Investment grade ratings
(4)
–
S&P: BBB (Stable)
–
Moody’s: Baa2 (Stable)
–
Fitch: BBB (Stable)
•
Over a decade of experience providing data center solutions
1) U.S. REITs within the RMZ. Source: companies’ financials based on latest public filings. Based on equity market capitalization as of August 29, 2014. 2) Based on closing common stock price of $65.25 as of August 29, 2014 and weighted average common stock and units outstanding as of June 30, 2014. 3) As of June 30, 2014. Includes investments in thirteen unconsolidated joint ventures.
4) These credit ratings may not reflect the potential impact of risks relating to the structure or trading of the Company’s securities and are provided solely for informational purposes. Credit ratings are not recommendations to buy, sell or hold any security, and may be revised or withdrawn at any time by the issuing organization in its sole discretion. The Company does not undertake any obligation to maintain the ratings or to advise of any change in ratings. Each agency’s rating should be evaluated independently of any other agency’s rating. An explanation of the significance of the ratings may be obtained from each of the rating agencies.
Portlan d San Francisco Sacramento Silicon Valley Los Angeles Phoenix Dallas Austin Houston Miami Atlanta Charlotte Northern Virginia Philadelphia New York Boston Toront o St. Paul Chicag o St. Louis Denver Dublin London Manchester Paris
Global Scale
Providing Customer Solutions in over 30 Markets
Hong Kong
DLR Market
DLR Regional Office
Seattle Amsterdam Geneva JapanAnnualized Base Rent
By Region
(1)
Europe
19%
Asia 4%
North
America
77%
Major Tenants
# Locations
% ABR
(1)
40
7.4%
13
5.7%
12
4.1%
10
3.1%
5
2.6%
4
2.4%
21
2.2%
3
2.0%
7
1.9%
7
1.9%
Total
33%
s
4
Note: As of June 30, 2014. Represents consolidated portfolio plus our managed portfolio of unconsolidated joint ventures based on our ownership percentage. 1) Calculation based on annualized base rents (monthly contractual cash base rent before abatements under existing leases as of June 30, 2014 multiplied by 12). 2) Digital Realty’s Internet Enterprise tenants include Amazon, Facebook, Google, Microsoft, Salesforce and Yahoo! occupying approximately 1.3 million square feet. 3) Represents leases with Savvis Communications Corporation and Qwest Communications International Inc. (or affiliates thereof), which are our direct tenants. CenturyLink,
Inc. acquired Qwest in 2Q11 and Savvis in 3Q11, and Qwest and Savvis are now wholly owned subsidiaries of CenturyLink. 4) Represents leases with IBM and leases with SoftLayer. IBM acquired SoftLayer in July 2013.
High-Quality, Diversified Tenant Base
Financial
Services
17%
Other
Corporate
Enterprise
20%
Telcom
Network
Providers
26%
IT
Services
31%
Internet
Enterprise
6%
Tenant Type By Percentage
of Annualized Base Rent
(1)
(4) (3)